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Winter 2012 Market Update
There are 125 active homes on the market in Prairie Village right now (up to 4.9M), 119 are active under 800k. Average price $336,138 with an average DOM of 78 (with the 800k+) included. There are 7 homes on the market that are listed above 8 over 1 million. This skews the average listing price. If I remove the two million plus homes... we get an average listing $253,187 and the days on market goes down to 74.62. Homes are pending to be sold with a high listing price of 800k and months with 65 of them being sold in the last three months. This means the market was consistant over the slow period of the 45 contract were written in the last 30 days. With 125 homes being active and 45 contracts written (gone pending/ contingent or sold) we have a 2.77 month supplu of homes on the market! I believe zpv to be one of the BEST local in Johnston County! Total sold: 144 High list: $789,000 High sale: $780,000 High DOM: 382 %SP/LP: 96 Low list: $94,900 Low DOM:10 %SP/OLP: 93 average List: $229,341 Average sale: $220,460 average DOM: 63
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| Average Home Price | $250,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 5-10% |
| Average Time on Market | 60-90 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Multiple Offers? | No |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Job Growth |
| Average Sold Price | $250,000 - View Graph Trend |
Prairie Village Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Shannon Doser
913-488-9126
Request More Information Let me answer your questions!
Ask Me!
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Mortgage Rates
– Feb 13th, 2012 –
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30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
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Request More Information Let me answer your questions! Ask Me!
Shannon Doser
Keller Williams Legacy Partners, Inc
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 913-488-9126
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